LATAM Airlines Group S.A. and its subsidiaries has reported its preliminary monthly traffic statistics for July 2014 compared to July 2013.
Overall passenger traffic decreased by 1.4%, while capacity decreased by 3.2%. As a result, load factor for the month increased 1.6% to 84.7%. International passenger traffic accounted for approximately 51% of the month’s total passenger traffic.
Domestic passenger traffic in LATAM Airlines Group’s Spanish speaking operations (Chile, Argentina, Peru, Ecuador and Colombia) rose 5.0%, while capacity increased by 2.1%. The domestic passenger load factor increased 2.2 points to 80.9%.
Cargo traffic for LATAM decreased 0.4% as capacity decreased 5.3%. As a consequence, the cargo load factor increased 2.8% to 57.4%. The decrease in cargo capacity is attributed to decreased capacity in passenger aircraft cargo holds in addition to a reduction in freighter operations. The decrease in cargo traffic is attributed to weaker imports into Latin America.
LATAM Group reports preliminary July results
